Common use of Borrowing Base Clause in Contracts

Borrowing Base. The initial Borrowing Base in effect as of Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e).

Borrowing Base. The initial Borrowing Base in effect as of the Amendment No. 7 Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000285,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(d) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(cand 2.2(c) and 2.02(ereductions pursuant to Section 2.2(e).”

Borrowing Base. The initial Borrowing Base in effect as of the Amendment No. 2 Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000200,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(d) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(cand 2.2(c) and 2.02(ereductions pursuant to Section 2.2(e).”

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00065,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.02 or Section 6.04(b). The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e6.04(b).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000140,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.02 or Section 6.04(b). The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e6.04(b).

Borrowing Base. The initial Borrowing Base in effect as of the Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000135,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(d) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(cand 2.2(c) and 2.02(ereductions pursuant to Section 2.2(e).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged and accepted by the Borrower Borrowers as $90,000,000400,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e).

Borrowing Base. The initial Borrowing Base in effect as of the First Amendment Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00065,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(f) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(c2.2(c) and 2.02(e2.2(e) and reductions pursuant to Section 2.2(g).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000110,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), and 2.02(c) and 2.02(e).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00050,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), ) and 2.02(c) and 2.02(emandatory reductions pursuant to Section 2.02(d).

Borrowing Base. The initial Borrowing Base in effect as of the First Amendment Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000165,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(d) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(cand 2.2(c) and 2.02(ereductions pursuant to Section 2.2(e).”

Borrowing Base. The initial Borrowing Base in effect as of Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as Sixty Million Dollars ($90,000,00060,000,000). Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Closing Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as Ninety Five Million Dollars ($90,000,00095,000,000). Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00030,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00010,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(d) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(cand 2.2(c) and 2.02(ereductions pursuant to Section 2.2(e).

Borrowing Base. The initial Borrowing Base in effect as of the Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000110,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(d) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(cand 2.2(c) and 2.02(ereductions pursuant to Section 2.2(e).

Borrowing Base. The initial Borrowing Base in effect as of Effective Closing Date has been set by the Administrative Agent and the Revolving Lenders and acknowledged by the Borrower Borrowers as $90,000,000140,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.03. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.03(e) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(cclauses (b) and 2.02(e)(c) below, and mandatory reductions pursuant to clause (d) below.

Borrowing Base. The initial Borrowing Base in effect as of the Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000435,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination or reduction made pursuant to this Section 2.022.2. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.2(d) and is subject to periodic redetermination pursuant to Sections 2.02(b2.2(b), 2.02(cand 2.2(c) and 2.02(ereductions pursuant to Section 2.2(e).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged and accepted by the Borrower Borrowers as $90,000,000375,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections Section 2.02(b), 2.02(c) and 2.02(eSection 2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective the Closing Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000325,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective the Closing Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00068,500,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,0003,500,000.00. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000125,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.02 or Section 6.04(b). The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.02(e) and is subject to reduction or periodic redetermination pursuant to Sections 2.02(b), 2.02(c), 2.02(d) and 2.02(e6.04(b).

Borrowing Base. The initial Borrowing Base with respect to the Revolving Commitment in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Revolving Lenders and acknowledged by the Borrower as $90,000,000145,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.02 or Section 6.04(b). The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e6.04(b).

Borrowing Base. The initial Borrowing Base in effect as of Effective the Closing Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00080,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged and accepted by the Borrower Borrowers as $90,000,000375,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections Section 2.02(b), 2.02(c) and 2.02(eSection 2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Closing Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000128,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.02(e) and is subject to periodic redetermination pursuant to Sections 2.02(b) and 2.02(c), 2.02(c) and 2.02(emandatory reductions pursuant to Section 2.02(d).

Borrowing Base. The initial Borrowing Base in effect as of Effective the Closing Date has been set by is $75,000,000 (the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000“Initial Borrowing Base”). Such initial The Initial Borrowing Base shall remain in effect until the next Borrowing Base redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of First Amendment Effective Date has been set by the Administrative Agent and the Revolving Lenders and acknowledged by the Borrower Borrowers as $90,000,000140,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.03. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.03(e) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(cclauses (b) and 2.02(e)(c) below, and mandatory reductions pursuant to clause (d) below.

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00014,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e).in

Borrowing Base. The initial Borrowing Base in effect as of Effective Date has been set by the Administrative Agent and date of this Agreement is $50,000,000 (the Lenders and acknowledged by the Borrower as $90,000,000“Initial Borrowing Base”). Such initial The Initial Borrowing Base shall remain in effect until the next Borrowing Base redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,0006,500,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.02 or Section 6.04(b). The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e6.04(b).

Borrowing Base. The initial Borrowing Base in effect as of Effective the Closing Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00070,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e2.02(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,00060,000,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c) and 2.02(e).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Revolving Lenders and acknowledged by the Borrower Company as $90,000,00080,250,000. Such initial Borrowing Base shall remain in effect until the next redetermination made pursuant to this Section 2.022.3. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.3(d) and is subject to periodic redetermination pursuant to Sections 2.02(b), 2.02(c2.3(b) and 2.02(e2.3(c).

Borrowing Base. The initial Borrowing Base in effect as of Effective Date the date of this Agreement has been set by the Administrative Agent and the Lenders and acknowledged by the Borrower as $90,000,000. Such initial Borrowing Base 62,000,000.00 and shall remain in effect until the next redetermination made pursuant to this Section 2.02. The Borrowing Base shall be determined in accordance with the standards set forth in Section 2.02(d2.02(c) and is subject to periodic redetermination pursuant to Sections Section 2.02(b), 2.02(c) and 2.02(eperiodic reduction pursuant to Section 2.02(b)(v).